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ZIP Code 07045

Morris, New Jersey

FIPS 07045

Juniper

ZIP Code 07045 is in the top 23% nationally for appreciation 1yr %, but in the bottom 32% nationally for price-to-income ratio. It also sits in the 99th percentile nationally for median rent. And it sits in the 94th percentile nationally for median home value.

Median Home Value

$669,400

Higher than 94% of U.S. ZIP codes

HPI Growth 5yr %

44%

Higher than 66% of U.S. ZIP codes

FEMA Risk Score

76.3

Higher than 65% of U.S. ZIP codes

The basics

Total Population

10,561

Median Age

48.7

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$669,400

Higher than 94%

Median Property Tax

$10,001

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

3.62

Higher than 68%

Median Rent

$2,846

Higher than 99%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

44%

Higher than 66%

Appreciation 1yr %

3.2%

Higher than 77%

Pandemic Gain %

29%

Recession Drop %

-18%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

83.2

Winter Avg Low (°F)

22.9

Avg Temperature (°F)

51.8

Hot Days/yr (>90°F)

16.2

Freezing Days/yr (<32°F)

123.9

Annual Precipitation (in)

49.2

Annual Snowfall (in)

28.1

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

76.3

Higher than 65%

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 07045: frequently asked questions

What is the median home value in ZIP Code 07045?
The median home value in ZIP Code 07045 is $669,400, higher than 94% of U.S. ZIP codes.
How much is property tax in ZIP Code 07045?
The median annual property tax in ZIP Code 07045 is $10,001, an effective rate of 1% of home value.
Is ZIP Code 07045 expensive to live in?
Homes in ZIP Code 07045 cost about 3.62× the median household income, higher than 68% of U.S. ZIP codes.
What is the average rent in ZIP Code 07045?
The median gross rent in ZIP Code 07045 is $2,846 a month, higher than 99% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07045?
Home prices in ZIP Code 07045 have moved 44% over the past five years (3.2% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 07045?
ZIP Code 07045 averages 51.8°F year-round, summer highs near 83.2°F, winter lows around 22.9°F (NOAA 1991–2020 normals). It sees about 28.1 inches of snow a year.
Is ZIP Code 07045 at risk of flooding or natural disasters?
ZIP Code 07045's FEMA National Risk Index score is 76.3 (higher than 65% of U.S. ZIP codes). Its greatest modeled natural hazard is earthquake.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →